Quick Answer: What Do I Do If My Sprint Flex Lease Is Up?

What happens when Sprint lease is over?

What happens if I cancel my Sprint service during my lease.

You are still responsible for the remaining lease payments plus the Purchase Option amount.

You can turn in the phone at a Sprint store near you to offset the Purchase Option amount..

Do I own my phone after lease?

No, you will not own the device at the end of your leasing term. However, you do have the option to buy your phone at the end of the term by paying the balance off. Cell phone leasing plans are payment plans where a carrier charges you each month to “rent” their phone.

Should I remove SIM card before returning Iphone to sprint?

Don’t send in your old phone until you have your new phone. These numbers are usually located under the battery or on the outside of the original box. … Remove any SIM cards or MicroSD memory cards from your phone. For your privacy, these items will be destroyed and cannot be replaced if returned to Sprint.

How do I get someone off my Sprint plan?

Tell them you want them off if the plan. Give her a few days to port the number out with you present because you have to give the new carrier the account number and pin. When that is done sprint will require the full payment for the phone.

Is there a cancellation fee for Sprint?

It’s simple. We love having you as a customer and don’t want you to leave. But if you agree to a 1- or 2-year Service Agreement, and you cancel that contract early, you will be charged an early termination fee (ETF).

How do I get out of a sprint Flex Lease?

You can cancel your lease if you decide to part ways with your Sprint Flex plan before the term is up. However, this will come at a cost: You’ll have to pay the remaining balance left on your lease. You’ll also need to return the phone to Sprint (be sure to contact them and get a return kit).

How much does it cost to cancel Sprint Flex Lease?

The early termination fee is prorated, which means that as more time passes, you will pay less to terminate the fee. The way Sprint figures out the fee is that it charges $20 per month for each month that’s left on your contract with a maximum fee of $350 and a minimum of $100 per device.

How can I get out of my Sprint lease without paying?

Canceling your Sprint Flex lease If you decide to cancel your lease before the 18 month lease term is up, Sprint will require you to pay the remaining lease payments—as well as the Purchase Option Price. After this, you are free to leave and take your device with you.

What happens if you don’t return a leased phone Sprint?

Even if you return a phone, you could be charged for both the phone and additional fees. If you return a phone within the 14-day trial period of signing up, you’re charged a restocking fee and possibly other costs. … Even if you can figure out how to return a leased phone, they still bill you for it.

Is it better to buy or lease a phone from Sprint?

Leasing a cell phone can be a good idea if you like to upgrade to a new phone every year (or thereabouts) and don’t necessarily need to own your phone. Leasing a phone can be cheaper than paying off a phone in full (whether outright or via monthly installments) and you’ll be able to get a new phone every 12-18 months.

Do I own my phone after 24 months?

Typically the cost of your phone is divided over 24 months. As long as you still owe money on your phone, you can’t leave your carrier. When you’ve paid the phone off, you own it. … However, you won’t own any of the phones unless you pay a large fee to buy it out.

What is Sprint forever lease?

Unlike every other major carrier who applies your monthly lease charges to eventually owning the device, Sprint requires that you VERBALLY opt into this option or else the device will belong to them forever. If I had not discovered this by accident, they will happily charge you the $20-30/mo lease fee FOREVER.

How do I terminate my Sprint service?

Dial *2 from your Sprint phone or call 888-211-4727 to speak with a representative. If you have a business plan, dial *2 from your Sprint phone or call 800-927-2199.

Can I return my leased phone to Sprint?

Leased devices cannot be returned by mail and must be returned to their original place of purchase or, if purchased online or by phone, must be returned to a Sprint Retail store. To find a store near you, visit com/storelocator.

What happens after 18 month lease with Sprint?

After 18 months, you can choose to swap your phone and keep leasing something newer, or buy the device either outright or with six more monthly installments. You can also just keep on paying the lease fee every month or return the phone to Sprint after 18 months and be done with it.

Will Verizon buy out my Sprint lease?

Verizon will buy out your contract and cover early termination fees and device or lease buyouts from your old wireless provider.

What happens if my phone breaks before the contract ends?

So if your iPhone breaks down when you’ve had it over a year but before your two-year contract is up for renewal, you could be stuck on a contract you can’t get out of with a phone that doesn’t work. If this happens then your case is with the network or retailer rather than Apple.

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